Syracuse, NY – MoveOn.org will rally at noon at the Obama campaign headquarters at 222 Teall Ave. in Syracuse to call on the president to replace the acting director of the Federal Housing Finance Agency.

The event is part of “Save Our Homes” MoveOn.org’s national day of action. More than 200 events are planned throughout the country.

The events are being held the same day the Senate Committee on Banking, Housing and Urban Affairs meets.

MoveOn.org is asking that President Obama replace acting director Ed DeMarco, who was appointed by former President George W. Bush to oversee Fannie Mae and Freddie Mac.

“Americans are sinking in underwater mortgages. It’s far past time the government-controlled mortgage lenders Fannie Mae and Freddie Mac provide some needed relief,” Syracuse MoveOn member John DiRisio said in a news release. “Clearly, Ed DeMarco doesn’t care about homeowners; if he did he would allow them to adjust their mortgages to reflect the true value of their homes.

"If we’re going to get our economy back on track, President Obama must replace DeMarco and make sure Fannie and Freddie provide relief to the millions of Americans struggling with mortgage debt,” he said.